Back to search

Db Source Pvt Ltd

08241212

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

40 CHEVALIER GROVE, MILTON KEYNES, MK8 0EJ
Incorporated 05/10/2012

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 05/10/2025

Due 19/10/2026

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Malik Waleed Saqib

director · Since 05/10/2012

SOFTWARE CONSULTANT

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Mrs Zofishan Khalid

director · Since 01/09/2017

CO DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 1 other board

Persons with Significant Control

Mr Malik Waleed Saqib

75–100% shares

British · England · Age 48

40, Chevalier Grove, Milton Keynes, MK8 0EJ

Notified 01/05/2016

CompanyRankvs 14625+ SIC 62020 peers
74

Financial strength86th percentile among SIC peers · 22/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.43× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£90k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£96k

Working capital

Current Assets

£317k

Current Liabilities

£221k

Fixed Assets

£1k

2avg. employees

Tax at Year End(2021)

Corp tax£20k
VAT£9k

Director Loans(2021)

Company owes directors£152k

Balance Sheet

Assets less current liabilities£97k
Signed by Mr Malik Saqib 24 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.43+£30k
20231.32+£31k
20221.21+£6k
20211.23+£2k£186k
20201.32-£8k£95k
20191.42+£18k£92k
20181.21£29k

Derived from filed accounts. Not audited figures.